Cookson mulls a demerger

Industrial materials firm Cookson is considering breaking itself in two.

The FTSE 250 firm has appointed Rothschild as an adviser and could separate and float its electronics business. Analysts have talked up the benefit of a demerger over the last two months but sources said the review was a routine matter. Cookson, whose products are used in the glass and solar industries, currently has a market cap of just over £1.9bn. The firm declined to comment.